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20131202
20131210
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of a possible hacking occurrence. banks are now much safer and the obama administration's goal of overhauling the financial system is almost complete -- that's what treasury secretary jack lew is expected to say in a speech later today. according to draft copies of that speech circulated yesterday, it's likely the secretary will also call for more rules for u-s banks. he is also expected to say that other countries need to do more to ensure their own financial institutions are properly regulated. china is banning bitcoin trading by major banks. it's a critical first step as government officials begin to regulate the digital currency. the chinese central bank said the virtual money has not posed a threat, but carries risks. regulators say bitcoins are anonymous, untraceable and can be transmitted electronically - which is cause for concern. apple is close to a deal with a chinese mobile company to sell i-phones overseas. the agreement gives apple access to china mobile's 700 million customers. some say it will give a major boost to apple in one of the world's most important smartphone markets
website has met the obama administration's self-imposed deadline for improvements -- that's latest word from the white house. kathleen sebellius, the secretary of health and human services, cautions users will still encounter problems during the next several months as repairs continue. by the numbers...the white house says the troubled site is now working 90% of the time --compared to 43% in october. 375-thousand people visited the site by noon monday. the president says the site it prepared to sign up 800,000 people per day. it can handle at 50,000 users at one time. reports says 100,000 applicants were processed through the federal exchange during november. bernie madoff's former right- hand-man has turned into the star witness for the prosecution against madoff's former employees. frank di-pascali was madoff's finance chief for many years. he testified yesterday against five former co-workers. those former madoff employees have pleaded innocent and claim they were tricked by their former boss. di-pascalli tells the court- madoff's laid the ground work for his $17 billion ponzi sche
could take weeks or even months. now that healthcare dot gov can handle the traffic, president obama is launching a public information -- and relations -- blitz to promote participation in the health insurance exchanges. the president held an event at the white house yesterday in an effort to shift national focus towards the benefits of the new law and away from the rocky rollout of the site. republicans continue a campaign against the affordable care act. house speaker boehner calling it a government-centered health care delivery system that is fundamentally flawed. the student loan industry will soon be closely watched by the consumer financial protection bureau. the watchdog agency will now have supervisory authority over non-bank companies.the agency already oversees student loans issued by banks but most student loans are serviced by companies.. the agency will ensure that loan servicers are complying with the laws. student loan debt in the u-s tops $1.2 trillion and as many as 7 million borrowers are in default. bp may catch a break from a federal appeals court. a ruling this
, which is about to send an 11-50 minimum wage bill to washington d.c.'s mayor. wednesday, president obama called income inequality "the defining challenge of our time." "we've got to move beyond the false notion that this is an issue exclusively of minority concern. and we have to reject a politics that suggests any effort to address it in a meaningful way somehow pits the interest of a deserving middle class against those of an underserving poor in search of handouts." while the president spoke, u.s. labor secretary thomas perez toured chicago-based recruiting firm, seaton corporation, echoing the president's support of a senate bill to raise the national minimum wage to 10-10 an hour. "when that bill passes, a family of four will be just above poverty line and uh // that drives growth, people spending money." chicago's mayor released a statement in support. also, perez saw how seaton's susidiary, "peoplescout" and a non-profit called "skills for chicagoland's future" have placed 600-unemployed people who sharpened their job skills. "they bridge a couple of gaps they look at what public
. president obama... who credited mandela with his own political awakening... is expected to travel to south africa for the memorial service in a johannesburg stadium on tuesday. nasa joined the worldwide praise by posting an image of mandela's native cape town taken from the international space station in may by a canadian astronaut. and the washington post highlighted his huge success in using economic boycotts to change public policy and end apartheid. mandela will be buried sunday at his rural home in qunu , south africa still to come: trader talk on why the gold chart points to a possible breakout for gold prices... plus, a breakdown on the jobs report for november-- is the unemployment rate on track to dip below 7%...and later on ...we head to florida where employers are ready to hire americans-- but claims there are not enough available. first business continues right after this. as manufacturing speeds up-- ford and boeing are among the companies said to be making an effort to bring jobs back to america. jackie takes us to florida where companies are hip to hiring but struggling to
Search Results 0 to 4 of about 5